Hub Group, Inc. (HUBG) Announces 2:1 Share Split

Hub Group, Inc. (NASDAQ: HUBG) today announced a 2-for-1 stock split of its Class A Common Stock in the form of a one-time special stock dividend. Each stockholder of record of Hub Group’s Class A Common Stock and Class B Common Stock at the close of business on Tuesday, January 16, 2024 will receive one share of Class A Common Stock for each share held on the record date, with the distribution to occur on Friday, January 26, 2024 and trading to begin on a split-adjusted basis on Monday, January 29, 2024.

This stock split is part of Hub Group’s previously announced growth-focused capital allocation plan and is designed to improve market liquidity.

You May Also Be Interested In

• Hub Group delays 10-Q filing, targets Sept. 14 restatement deadline
• Z Squared outlines AI power strategy and Paradox Data acquisition
• Boost Run signs lease with 10X Capital for up to 111 MW of GPU capacity